Palamina Corp. (CVE:PA – Get Free Report)’s share price traded up 17.9% on Wednesday . The company traded as high as C$0.17 and last traded at C$0.17. 22,000 shares changed hands during trading, a decline of 71% from the average session volume of 76,828 shares. The stock had previously closed at C$0.14.
Palamina Trading Up 6.3%
The company’s 50-day moving average is C$0.13 and its 200-day moving average is C$0.13. The firm has a market cap of C$14.36 million, a price-to-earnings ratio of -5.67 and a beta of 1.99.
About Palamina
Palamina Corp. engages in the exploration of mineral deposits in Peru and Mexico. It explores for gold, copper, and silver deposits. The company owns interests in the Usicayos, Panorama, Galena, Bendi, Cori, Yin Inca, Gaban, Yang, and Tinka projects located in Peru. Palamina Corp. was incorporated in 2015 and is headquartered in Toronto, Canada.
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